Mt Zion a M E Apartments Inc

Analysis

Mt Zion a M E Apartments Inc is a registered charity in United States, based in West Columbia, SC. It received its IRS tax-exemption ruling in March 2006, 20 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mt Zion a M E Apartments Inc reported income of $639k and spending of $637k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $562k to $639k (+14%), an average of +3.3% a year. Over the whole period it spent 101% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Mt Zion a M E Apartments Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within SC. Charities of a similar size with the same main cause include Evangelical Senior Housing ($638k), Beaumont Csi Senior Housing Inc ($639k) and Griggs Farm Inc ($638k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 32% of the total. At year end it held assets of $220k against liabilities of $1.1m, net assets of -$869k.